Funding you earn now, next payment 22:00 UTC+0.0454%/8h= +49.7% APRpaid last 24h +0.122%
Price spread now: Bitget against Injective+0.129%51s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.817%+$82 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Bitget is 0.129% dearer against Injective than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective COIN/USDC PERP | 201.98 | −0.0440 | get 0.0055% / 1h | 26m 24s | $40K | $48K | 30x |
| Short | Bitget COINUSDT | 202.24 | 0.0014 | get 0.0014% / 8h | 2h 26m | $6.9M | $10.0M | 20x |
Injective COIN/USDC PERP
Bitget COINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $95.34
- Price spread: +0.129% → 0.000%
- $12.87
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $96.19
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 2 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 2 min ago | 2.48 bp | 9.2 bp −$9 | 20.3 bp −$203 | 95.5 bp −$9,547 | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
COIN on 26 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERPlong | −0.0440% | 1h | 201.98 | long leg | $40K | $48K | 30x | |
| Aster COINUSDT | 0.0000% | 8h | 202.18 | +0.101% | $371K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 202.14 | +0.081% | $120K | $445K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 202.17 | +0.096% | $15.6M | $77.1M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 202.13 | +0.074% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 202.20 | +0.109% | $3.3M | $4.8M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 202.19 | +0.104% | $1.3M | $6.9M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 201.95 | −0.017% | $760K | $982K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 201.96 | −0.010% | $13K | $2.0M | 10x | as long as short |
| Bitget COINUSDTshort | +0.0014% | 8h | 202.24 | +0.129% | $6.9M | $10.0M | 20x |
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0027% | 1h | 202.40 | +0.208% | $1.4M | $3.8M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 202.11 | +0.063% | $377K | $2.1M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 202.07 | +0.045% | $437K | $2.0M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 202.01 | +0.015% | $18K | $54K | 5x | as long as short |
| Ondo Perps COIN-USD.P | +0.0044% | 1h | 202.00 | +0.010% | $367K | $3.2M | 10x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 202.38 | +0.198% | — | $513K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 202.11 | +0.064% | $16.4M | $13.4M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 202.10 | +0.059% | $212K | $1.1M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 202.02 | +0.020% | $88 | $3K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 202.12 | +0.069% | $1.0M | $146K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 202.02 | +0.020% | $91K | $534K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 202.09 | +0.054% | $584 | $5K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 202.08 | +0.052% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 202.08 | +0.050% | $200K | $339K | 20x | as long as short |
| edgeX COINUSDC | +0.0133% | 4h | 201.92 | −0.030% | $52K | $294K | 10x | as long as short |
| Phoenix COIN | +0.0197% | 1h | 201.89 | −0.045% | $5K | $281K | 10x | as long as short |
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
Ondo Perps COIN-USD.P
Vest COIN-USD-PERP
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
edgeX COINUSDC
Phoenix COIN